MONDAY, NOV 15, 2021 - 01:50 PM
Authored by Lance Roberts via RealInvestmentAdvice.com
Fed Issues Stock Market Warning As Valuations Surge SNIPPET:
Before you marvel at the feat of household equity ownership, you need to remember two crucial factors.
1. The 🎩
top 10% of 💵 income earners own
90% of those 💰 assets, and;
2. It took
$43.5 trillion dollars of liquidity to
😈
create that
“wealth.”Given the amount of “liquidity” thrown at the stock market, the
Fed should take responsibility for investors’ “irrational exuberance.”
Full article:
https://www.zerohedge.com/markets/fed-issues-stock-market-warning-valuations-surgeMONDAY, NOV 15, 2021
BY QUOTH THE RAVEN